Reliance Industries becomes first Indian stock to cross Rs 20 lakh crore market cap
Reliance Industries :
Reliance Industries Limited (RIL) has achieved a historic milestone by becoming the first Indian company to surpass a market capitalization of ₹20 lakh crore. The conglomerate’s shares hit a 52-week high during intra-day trade at ₹2,958, marking a nearly 2% rise1. This remarkable achievement places RIL at the 49th position among the world’s top 50 companies by market capitalization, putting it in the company of renowned entities such as Netflix Inc and Accenture PLC-A2. The stock has exhibited remarkable performance, witnessing a nearly 14% increase in value this year alone and a staggering rally of almost 40% over the past twelve months3. Mukesh Ambani-led RIL’s growth trajectory is indeed impressive! 🚀🌟
